Pending
V/L Lot 2 W Peet Road, Bannister, MI 48807
$29,900
MLS # 26022002 (Michigan Regional Information Center (MichRIC))
1.66 acres
1 / 10
Listing Description
This 1.66 acre parcel offers a practical site to build a home. Located just south of M-57, the property provides a rural setting while remaining within a 25-minute drive of St. Johns. The land features a mix of mature hardwoods and open space and a stream. It offers enough room for a residential layout, gardening, or a small hobby setup, while the existing tree lines provide natural privacy. The surrounding habitat supports local wildlife, with deer and turkeys frequently seen around the property throughout the year.
Source: SparkMLS
About this home
Listed at $29,900.
Estimated annual property tax: $4,601, or about $383 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeLand
Property SubtypeAcreage
Bathrooms0
Lot Size1.66 acres
Location
CityBannister
MunicipalityChapin Twp
Zip Code48807
CountySaginaw
School DistrictChesaning
Construction & Systems
UtilitiesElectricity Available, None
Sale & Financing
Listed5/12/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,601
Tax Year2025
Assessed Value$119,790
Parcel #12091153001000
Source: SparkMLS
Legal Description
SW 1/4 EXC N 200 FT OF W 330 FT ALSO EXC N 246 FT OF S 510 FT OF W 270 FT ALSO EXC S 450 FT OF E 385 FT THEREOF 153.01 ACRES SEC 15 T9N R1E ***DESC CHANGED DUE TO SPLIT OF 3001-002 11/3/97
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Allen Messing
Forged Real Estate and Land
Frequently Asked Questions about V/L Lot 2 W Peet Road, Bannister, MI 48807
Which school district serves V/L Lot 2 W Peet Road, Bannister, MI 48807?
Per MLS# 26022002, V/L Lot 2 W Peet Road, Bannister, MI 48807 is in the Chesaning boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Chesaning directly to confirm enrollment eligibility.
What financing options are available for V/L Lot 2 W Peet Road, Bannister, MI 48807?
Per MLS# 26022002, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at V/L Lot 2 W Peet Road, Bannister, MI 48807?
Per public tax records, annual property taxes for this property are $4,601 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, V/L Lot 2 W Peet Road, Bannister, MI 48807 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is V/L Lot 2 W Peet Road, Bannister, MI 48807 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve V/L Lot 2 W Peet Road, Bannister, MI 48807?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Chapin Twp police department or the Saginaw County sheriff's office.
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Monthly payment$194
Principal & interest$194
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
V/L Lot 2 W Peet Road, Bannister, MI 48807
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Municipality
Chapin Township
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